World Business Council



ANDORRA

Chair

Andorra, a small principality nestled in the Pyrenees mountains between France and Spain, has a population of approximately 79,000 (2023) and is renowned for its stunning landscapes and vibrant tourism sector. The economy is primarily driven by tourism, retail, and finance, benefiting from its status as a tax haven that attracts businesses and visitors alike. Andorra’s picturesque ski resorts and cultural heritage sites draw millions of tourists each year, making hospitality a cornerstone of its economic framework. With a GDP of around $3 billion and a per capita income of approximately $38,000 (2023), Andorra demonstrates significant economic prosperity relative to its size.  

Andorra’s government and business community can engage with the World Business Council to promote sustainable tourism practices, foster innovation in finance, and enhance international partnerships for comprehensive economic development.